TMI BlogEnabling provisions for import of inputs that are subjected to mandatory Quality Control Orders (QCOs) by Advance Authorisation holders, EOU and SEZX X X X Extracts X X X X X X X X Extracts X X X X ..... Delhi, Dated: 11 th March, 2024 Subject:- Enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders (QCOs) by Advance Authorisation holders, EOU and SEZ. S. O. 1251 (E) - In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.03 of the Fore ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r wastage) and shall be exported under the same authorisation. b) Exemption from mandatory QCOs shall be specifically endorsed in the Advance authorisation, upon the request of the authorisation holder. Imports under Authorisation without specific endorsement of exemption shall be made in accordance with mandatory QCOs. c) Any unutilised imports or the products manufactured with inputs imported wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Authorities plus composition fee of an amount equivalent to 10% of the CIF value of unutilized imported inputs to DGFT. Proof thereof shall be submitted to the RA concerned before grant of EODC. (e) The exemption from QCO will be available for physical exports only and such exemption will not be allowed for deemed exports for Advance Authorisation Holders. (f) The facility of clubbing under para ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed to the Customs authorities by the EOU at the time of importation and a copy of the same shall also be submitted to the Development Commissioner concerned. The exemption from QCO will be available for physical exports only and such exemption will not be allowed for deemed exports. This exemption is further subject to para 2.03 (c) of FTP. iii) For SEZ (i) Exemption from applicability of mandator ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his Notification: Enabling provisions are made for exempting inputs imported by Advance Authorisation holders, EOUs and SEZ from mandatory Quality Control Orders (QCOs). Accordingly, list of Ministries / Departments [i.e. Ministry of Steel, Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Textiles] are notified in Appendix 2Y of FTP, 2023 . This issue with the approv ..... X X X X Extracts X X X X X X X X Extracts X X X X
|